Gate Crypto Flash News and Market Updates

According to Bloomberg, Brooklyn prosecutors dismantled a transnational cryptocurrency fraud network centered in Eastern Europe on October 14. The operation shut down 241 websites related to crypto fraud and seized 112 servers controlled by the network. The scheme defrauded American victims of tens of millions of dollars over several years.

According to Osmosis official announcement, the community has initiated a proposal to terminate OSMO inflation on October 20. The proposal aims to stop daily minting of new OSMO tokens, with staking rewards derived entirely from protocol revenue. At the current burn rate, approximately 2% of OSMO supply will be destroyed annually without new issuance to offset it. The proposal will also suspend daily developer vesting, with approximately 51.9 million OSMO remaining in the vesting module subject

According to CoinMarketCap, top 100 cryptocurrencies by market cap showed mixed performance today (October 14), with Venice Token (VVV) leading gainers at +3.79% to $22.61, followed by Monero (XMR) up 3.74% to $549.81 and Pyth Network (PYTH) up 2.39% to $0.08195. Starknet (STRK) was among the biggest losers, down 9.65% to $0.07829, followed by Canton (CC) down 9.33% to $0.1173 and KuCoin Token (KCS) down 8.52% to $7.24.

According to Sentient, the company launched an open benchmark to verify AI model provenance by embedding up to 24,576 fingerprints per model. The benchmark enables researchers to test whether AI models can prove their origin. Sentient has actively attempted to crack the model fingerprints, including its own system, to validate robustness before opening the benchmark to the research community.

According to its official X account, Manus announced the launch of Manus for Business, comprising Manus for Teams and Enterprise editions. The company stated that team workflows are undergoing fundamental transformation, with product managers and marketing teams becoming truly AI-native, and aims to embed accumulated experience into the product. Specific details including pricing, feature differentiation, availability regions, and launch timing were not disclosed.

According to Chainalysis' latest report, AI agents have completed over 138 million cryptocurrency transactions through the x402 payment protocol on the Base blockchain, purchasing data, computing power, and access to AI models. Among geographically identifiable AI model inference payments, wallets associated with the U.S. represent 88.1% of transactions, while those linked to China account for just 0.1%. Chainalysis research director Eric Jardine noted that one possible explanation is Chinese de

NYMEX silver prices fell 6.00% intraday on October 14, currently trading at $55.95 per ounce.

Russia's presidential envoy Kirill Dmitriyev said today (Oct. 14) that Moscow and Washington are expected to sign the first contracts for diesel supplies to the U.S. in the coming days. Dmitriyev, speaking at the Russia Energy Week forum, added that both sides are maintaining active communications to expedite the delivery and resolve logistics issues.

According to MSCI, the MSCI Nordic Index fell 0.1% to 393.24 points on October 14. The financial sector posted the largest decline among all sectors, with Skandinaviska Enskilda Banken AB dropping 4.6% to rank as the worst-performing Nordic stock.

According to Guru Club, Morgan Stanley CEO Ted Pick said on Wednesday the bank has doubled its artificial intelligence infrastructure allocation after already being overweight on AI. Pick noted that current AI infrastructure spending averages around $1 trillion annually, adding the figure is "a very large sum of money." While Pick acknowledged AI spending growth momentum will begin to slow, he said it is "entirely possible" spending could maintain this scale for a decade.

According to Guru Club, China's commodity futures market fell overnight on Oct 14, with black metals leading losses. DCE coking coal fell 4.86%, while INE natural rubber fell 3.51%. SHFE fuel oil was among gainers, rising 1.94%.

According to Mexican President Claudia Sheinbaum, she will sign an executive order on Wednesday requiring digital platforms including social networks and streaming services to protect children and adolescents from violent, pornographic, and other harmful content. If companies fail to comply with the order, the government will support legislation to penalize the platforms.

According to Guru Club, the Baltic Dry Index fell on October 14 for its eighth consecutive trading day, declining 134 points or 4.78% to 2,667, marking its lowest level since July 29. Capesize ship rates dropped 9.11% to 3,630, the weakest since late June, with daily earnings falling $3,302 to $29,417. Panamax ship rates declined 0.95% to 2,409, with daily earnings down $206 to $21,680.

GlobalFoundries announced on Wednesday that it had been selected to operate two new chip fabrication facilities at its New York campus as part of a $21 billion U.S.-Japan investment initiative. The first fab will receive approximately $10 billion in investment and is expected to begin operations in 2029, while a second facility could receive another $10 billion. Combined, the facilities will add around 1.8 million 300-millimeter wafers of annual U.S. manufacturing capacity once fully operational

European equity indices rose today (October 14). The STOXX 600 index gained 0.36% to close at 637.32 points, while the euro zone STOXX 50 index advanced 0.39% to 6190.89 points. The FTSE Eurotop 300 index rose 0.45% to 2545.73 points.

According to Israel's Defense Ministry, on October 14, Israel formally signed an agreement with the United States to purchase 12 AH-64E Apache attack helicopters for the Israeli Air Force. Boeing will supply the aircraft, which the defense ministry said are the latest and most advanced E-model variants.

According to BlockBeats, on October 14, U.S. CPI inflation has remained above the Federal Reserve's 2% target for 67 consecutive months. The last time inflation fell below 2% was in January 2021, during the global economic lockdown period. Over this period, the dollar's value has depreciated 22.5%, meaning goods and services that cost $100 in 2021 now cost $129.

According to the official Pyth Network account, the 100% Rule has come into effect, driving an 86% annual recurring revenue (ARR) increase for the DAO. Under this rule, every dollar received by the Pyth Network DAO directly purchases PYTH tokens, strengthening token demand and market presence.

Today, Germany's DAX 30 index closed up 0.14% at 25,299.45 points. France's benchmark rose 0.52%, while the UK's FTSE 100 gained 0.61%. Italy's benchmark retreated 0.61%, with the banking sector dropping 0.82%.

According to an OpenAI court filing in an Apple-related case, a former OpenAI employee who joined Apple transferred over 100 documents involving unreleased OpenAI products to a personal account on October 14. The employee also presented the unreleased product to Apple senior leadership, according to the court brief.